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Kingfisher to Cut More Flights and Mallya to Meet with Pilots

Kingfisher Airlines is once again cutting flights and has announced that its owner, Vijay Mallya has plans to meet with the airline’s pilots tomorrow.  The airlines had submitted a revised schedule to the regulator last month that indicated they would be operating 140 flights per day.  However, yesterday and today they operated only 101 flights.

The airline has also announced its plans to curtail their international services, which the company has said is “bleeding heavily.”  In light of this, they have returned their wide-body Airbus A330-200 to their lessor in the UK.  There has been to confirmation or clarification as to which sectors will be affected by this move.  The airline holds firm that their issues have arisen from tax authorities seizing their bank accounts and they say they are currently working with banks to access interim working capital.

See the original Google News article for more details.

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